IMPACT INVESTING WITH CARE
The mission of the Apollo Healthcare Property Fund is to initiate and manage long-term partnerships with institutional investors and healthcare providers to meet the growing and changing demand for affordable, sustainable care housing and facilities. By doing this, it provides high-quality healthcare real estate in the Netherlands, fulfilling the need for healthcare accommodation and facilities to improve the lives of people who need healthcare.
Investments in healthcare real estate yield secure (direct) income that are linked long-term to inflation, whilst contributing to a basic need for people. Healthcare consumers as well as healthcare providers benefit from sustainable accommodation and facilities.
Hartelt has been a signatory of the PRI (Principles for Responsible Investment) since 2017. PRI is supported by the United Nations and is the world’s leading proponent of responsible investment. Hartelt has also been a member of GRESB since 2016. GRESB is the Global Real Estate Sustainability Benchmark, an investor-driven organization committed to assessing the ESG performance of real assets globally.
Promoting sustainable features
The Investment Strategy of the Fund is specifically aimed at investing in affordable and sustainable high-quality healthcare accommodation and facilities to improve the lives of people who need healthcare. The Fund Manager considers that as the Fund promotes sustainable features, it falls within the scope of Article 8 of Regulation (EU) 2019/2088 on sustainability in the financial services sector (“SFDR”).
Information on the specific environmental and social characteristics promoted by the Sub-Funds can be found here:
Click on one of the buttons below to read the pre-contractual disclosure of financial products promoting ecological or social characteristics (Article 8) of our respective sub-funds.
NET ZERO TARGET
Hartelt is committed to carbon reduction targets aligned with Net Zero.
Our net-zero carbon commitment focuses on the carbon emissions that occur during the use (‘in-use’) phase of the asset and aims to minimise energy consumption and carbon emissions related to the energy use during operations. Hartelt’s KPIs and actions considering Net zero carbon are:
- Set up monitoring system to measure all energy and CO2 data of assets
- Reduce energy consumption and CO2 emissions of assets
- Install renewable energy sources on-site
- Hartelt’s operational activities use energy from renewable sources, either on-site of off-site generated, by 2030
- Switch to an all-electric fleet by 2030, applicable to company-owned vehicles
- Include GHG compensation measures during transitional periods to offset emissions
HARTELTS IMPACT SO FAR
Hartelt not only has sustainable investments as its objective, as a company Hartelt also wants to reduce its emission footprint on our planet. To create an impact, we have joined Regreener, a platform for individual contributors and companies, whose mission is to fight climate change, tree by tree. Via supscriptions we can help plant trees all over the world, prevent deforestation and help make the shift from fossil fuels to green energy.
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Hartelt integrates sustainability risks into its investment policy by only investing in properties that can be classified as sustainable. The sustainability of a property is extensively assessed using the GPR methodology which addresses five themes: energy, environment, health, user quality and future value. The minimum GPR score for inclusion in the Subfund is 7.5 for new construction projects and for existing properties the Subfunds aim for a minimum of 7.0. If a property does not meet the GPR score, the fund manager will include as part of the investment proposal a detailed renovation plan on how the desired GPR score will be achieved in the short term.
PRINCIPAL ADVERSE IMPACTS
In addition to sustainability risks, Hartelt also considers principal adverse impacts of its investment decisions on sustainability factors. Hartelt has therefore a Principal Adverse Impacts (PAI) statement.